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Terraced House for sale on
Grafton Street
HU5, Hull, HU5

£160,000 OIRO
Yield:13.95%
Market Rent:£1,860
531
Call Us 01482 322300
Features

Features

  • 5 Bedroom HMO Property
  • Fully Licensed HMO with Certificate of Lawful Use (CLU)
  • Ideal Investment Opportunity
  • Total Gross Annual Income: £22,320.52
  • Two Shower Rooms and Ensuite Room
  • Communal Living Room and Kitchen with Breakfast Bar
  • Council Tax Band: A
Description

Description

Tenure: Freehold

5 Bedroom HMO – Ideal Investment Opportunity | £22,320 Annual Income | Potential to Add Value | Popular Location

 A fantastic opportunity to acquire a fully licensed five bedroom HMO, generating a gross monthly rental income of £1,860 when fully let, offering a strong rental yield. It is ideal for both first time landlords and those looking to expand their existing portfolios. With scope to modernise, the property offers clear potential to increase both rental income and capital value through cosmetic improvements.

Situated between the ever popular Beverley Road and Newland Avenue, the property benefits from a location that is in high demand with both students and working professionals. Beverley Road provides regular public transport links into Hull City Centre and to the University of Hull, while Newland Avenue is a vibrant hotspot offering an array of shops, cafes, bars, and amenities within easy walking distance.

 

The accommodation is arranged over three floors. On the ground floor, there is a spacious communal living room, a double bedroom, a well-sized kitchen with breakfast bar, a shower room, and a separate W/C for convenience.

The first floor comprises a further three double bedrooms and a second shower room with cubicle, basin, and W/C.

To the second floor is a large double bedroom with its own en-suite including a shower cubicle, basin, and W/C.

Externally, there is a small rear garden providing outdoor space for tenants to enjoy.

The property also benefits from gas central heating and uPVC double glazing windows.

 

With a strong rental yield of approximately 13.95% based on a £160,000 guide price, proximity to the university, city centre, and key local amenities, this property represents a fantastic buy to let opportunity in a high-demand rental area.

Call Belvoir to arrange a viewing now!

 

EPC rating: C. Council tax band: A, Tenure: Freehold,

Reception Room

4.20m x 3.40m (13'9" x 11'2")

Communal furnished living area with bay window to the front elevation.

Bedroom 1

3.40m x 2.70m (11'2" x 8'10")

Furnished double bedroom with basin and window to the rear elevation.

Kitchen

6.00m x 2.40m (19'8" x 7'10")

Communal kitchen with appliances and breakfast bar area.

Shower Room

1.80m x 1.20m (5'11" x 3'11")

Communal shower room with shower cubicle and basin.

WC

1.80m x 1.20m (5'11" x 3'11")

Communal WC.

Bedroom 2

3.40m x 2.40m (11'2" x 7'10")

Furnished double bedroom with basin and window to the rear elevation.

Bedroom 3

3.30m x 3.10m (10'10" x 10'2")

Furnished double bedroom with basin and window to the rear elevation.

Bedroom 4

3.50m x 3.10m (11'6" x 10'2")

Double bedroom with basin and window to the front elevation.

Shower Room 2

1.70m x 1.70m (5'7" x 5'7")

Communal shower room with shower cubicle, basin and WC.

Bedroom 5

5.20m x 4.60m (17'1" x 15'1")

Furnished double bedroom with velux and window to the rear elevation. Access to en-suite shower room.

En-suite

1.60m x 1.50m (5'3" x 4'11")

Shower room with shower cubicle, basin and WC.

Disclaimer

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.

Documents

Documents

EPC Certificate
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